Jewish Community Center of Akron

Analysis

Jewish Community Center of Akron is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in September 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jewish Community Center of Akron reported income of $6.6m and spending of $6.8m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $6.6m (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jewish Community Center of Akron sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Community Affairs & Resource Center ($6.6m), Lutheran Social Ministries of New Jersey ($6.6m) and Community Family Life Services Inc ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $82k (1.2% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $8.8m against liabilities of $873k, net assets of $7.9m. It reported 210 employees.